4.7 billion dirhams of stock gains in the Dubai Financial Market within a week
The Dubai Financial Market index continued to rise for the second week in a row, recording a 1.26% increase at the end of trading last week, to close at 3462.89 points, recording market profits of 4.68 billion dirhams, as the market capital of the listed shares increased from 568.26 billion dirhams to 572.94 billion dirhams at the end of trading. Friday, with the increase in risk appetite, and the direction of investors' eyes to search for new stimuli after the end of the business results season.
For its part, the Abu Dhabi Stock Exchange index declined slightly by 0.12% to close at 10097.5 points by the end of the week, recording the second weekly loss since the beginning of this August, under pressure from profit-taking operations.
The market capitalization of shares listed on the Abu Dhabi market decreased from 2.113 trillion dirhams to 2.109 trillion dirhams at the end of last week's trading.
At the conclusion of yesterday's session, the Dubai and Abu Dhabi market attracted a liquidity of more than 1.67 billion dirhams, with a trading volume of 353.75 million shares, through the implementation of 14.75 thousand transactions.
The "Dubai Financial Market" index closed yesterday, stable at the level of 3,462.89 points, with transactions worth a total of 138,036 million dirhams.
The shares of 14 companies out of the 36 companies that were traded yesterday, while the shares of 14 companies declined, and eight companies remained unchanged.
The market's semi-stable performance came with the share of Emaar Properties declining by 1.8% at a price of 6.10 dirhams.
The "Union Properties" share declined by 3.2% at a price of 0.276 dirhams, and the Deyaar Development share fell by 1.1% to the price of 0.562 dirhams.
While the share of "GFH Financial Group" rose by 1.8%, and the share of "Emaar Development" increased by 0.2%, reaching a price of 4.87 dirhams.
The Abu Dhabi Securities Exchange index closed Friday's trading, up 0.6% at the level of 10,098 points, with transactions worth a total of 1.3 billion dirhams.
Of the 54 companies whose shares were traded today, the shares of 34 companies rose, while the shares of 19 companies declined, and the shares of one company remained stable.
The "First Abu Dhabi Bank" share rose by 1.4% at a price of 20.20 dirhams, and the "ADNOC Distribution" share rose by 1.3% at a price of 4.69 dirhams, and the "Ras Al Khaimah Real Estate" share rose by 1.6% at a price of 0.788 dirhams.
While the "Alpha Abu Dhabi Holding" share decreased by 1.2%, at a price of 24.18 dirhams.
The most heavily traded stock was the "Multiplay" company, which rose by 2.9%, at a price of 2.13 dirhams, with transactions of nearly 56 million shares.
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